RushCard has unveiled card-to-card funds transfer feature. The feature offers convenience and affordability to those who want to transfer money between prepaid Visa RushCards.

According to RushCard, the members can now transfer funds to another member’s card at a low, flat rate and can transfer funds between their own RushCards for free. All funds transfers can be completed in minutes online at rushcard.com or over the telephone with a customer service agent.

In addition, card-to-card funds transfers can be executed on a mobile phone and regular funds transfers can be scheduled months in advance. Its prepaid debit card also allows to schedule transfers in advance. Besides card-to-card funds transfers, the members can enjoy online budget management tools that will allow them keep track of their expenses and avoid costly financial woes.

Ram Palaniappan, general manager of RushCard, said: “Thanks to their tax refund, many people have extra funds in the early part of the year to send to others or to save. With our newest feature, our members can quickly and easily send money to college students or other loved ones in need, or transfer the funds onto their own secondary RushCard as a way to save. Our members really wanted this feature, and we are proud to offer it for a mere fraction of what others charge.”

Russell Simmons, entrepreneur and philanthropist, said: “By giving our members the ability to move funds via a mobile phone and to schedule their money transfers in advance, RushCard has changed the game for funds transfers.

“No one should be forced to pay higher fees to transfer much-needed money to a loved one or to save. Now, RushCard gives them a very convenient, much more affordable way to make these important transactions.”